FOCUS 12


generous retirement plans, then it follows that a career in manufacturing is no longer such a draw. This issue is compounded by the dearth of industry qualifi ed graduates and school leavers. Add to this the temptation of those already working in the manufacturing industry who benefi t from fi nal salary schemes to retire early and you have the makings of a serious skills gap.


Aside from recruitment and retention, there are many other challenges facing the sector. Large manufacturers and producers are traditionally heavily unionised, which has implications for pay negotiations. Equally, long-established working practices do not always sit well with the requirement to create agile businesses.


WHILE THE ECONOMIC OUTLOOK HAS IMPROVED, MANUFACTURERS CONTINUE TO WRESTLE WITH A BROAD RANGE OF PEOPLE-RELATED ISSUES.


Joining the dots


People issues have the potential to affect every part of an organisation and we see many examples of fragmented decision making and people initiatives being managed out of silos – whether that be in the HR Function, Finance or other operational business units. It is this ‘silo’ based approach that can encourage a focus on single issues rather than a more effective integrated and joined up approach to addressing the needs of the business.


Added to this, we have found that many organisations currently rely on intuition or widely held beliefs and assumptions to manage their workforce issues. The problem with both of these starting points is that decisions about people management are neither fully holistic nor evidence based. This in turn causes issues such as talent not being available when and where it is needed; or problems with disengagement and reduced productivity / performance.


At KPMG we apply an evidence based methodology we have branded P3


(People


powered performance). As part of our approach, we collect data across a wide range of aspects


© 2013 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member fi rm of the KPMG network of independent member fi rms affi liated with KPMG International Cooperative, a Swiss entity. All rights reserved.


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